Xbox gaming missed management’s internal annual revenue estimates by $780 million, and also failed to meet expected Xbox Game Pass subscription growth.
The case file exhibit list includes one very illuminating 80-page internal Microsoft document that outlined where Xbox currently is and where it can grow. The slide deck, which was issued during Microsoft’s Q3 FY22 (January – March 2023), has assigned an estimated revenue target of $17 billion for the Xbox games division. Actual results were quite different–Xbox made $16.22 billion in FY22, missing the internal target by some $780 million.
source: gamezpot.com